Mueller Industries, Inc. (MLI) Stock Split History

Mueller Industries, Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on October 02, 1995 with the ratio of 2-for-1, meaning that for 1 share of MLI owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on October 23, 2023 on a 2-for-1 basis.

These splits have increased MLI stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Mueller Industries, Inc.'s total market capitalization.

For more detailed information of Mueller Industries, Inc.'s stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Mueller Industries, Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MLI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Mueller Industries, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.